XML 29 R18.htm IDEA: XBRL DOCUMENT v3.20.2
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS (Details) - USD ($)
9 Months Ended
Apr. 09, 2019
Feb. 26, 2019
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS          
Proceeds from issuance of private placement warrants     $ 0 $ 9,111,465  
Transaction costs     0 $ 222,351  
Cash held outside Trust Account     429,605   $ 1,600,833
Percentage of fair market value of assets held in the Trust Account   80.00%      
Percentage of voting acquires   50.00%      
Tangible assets business combination   $ 5,000,001      
Interest to pay dissolution expenses   $ 100,000      
Underwriters          
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS          
Number of additional units purchase 557,322        
Initial Public Offering          
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS          
Number of initial public offering units consummated   30,000,000      
Sale of units per share   $ 10.00      
Proceeds from issuance initial public offering   $ 300,000,000      
Cash held in trust account   $ 300,000,000      
Warrants exercise price share   $ 11.50      
Transaction costs   $ 17,437,018 17,437,018    
Underwriting fees     6,111,465    
Deferred underwriting fees     10,695,063    
Other offering costs     $ 630,490    
Private Placement Warrants          
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS          
Sale of units per share $ 10.00        
Proceeds from issuance of private placement warrants $ 5,684,685        
Cash held in trust account $ 305,573,220        
Number of additional private placement warrants sold 74,310        
Warrants exercise price share $ 1.50        
Additional net proceeds private placement warrants $ 5,573,220        
Private Placement Warrants | Acamar Partners Sponsor I LLC (the "Sponsor")          
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS          
Number of initial public offering units consummated   6,000,000      
Sale of units per share   $ 1.50      
Proceeds from issuance of private placement warrants   $ 9,000,000